Monday, May 13, 2013

Market Overview : World Amines Market Forecast 2012-2018

Amines are organic compounds which
are widely used in various industries such as personal care, rubber,
pharmaceuticals, construction, and textiles. The demand for amines during
2009-2010 saw a decline due to the economic recession in the major markets
around the world. The major end-use industries of amines, particularly
construction, felt the heat of economic pressures and this led to decreased
demand for amines during that period but things are slowly falling into place
as the global economic condition stabilizes.

The global market for amines is
expected to grow at a steady pace over the next six years due to the recovery
of the global economy. The growing demand for amines for manufacturing
agricultural chemicals including pesticides and herbicides is one of the major
factors driving the global market for amines. The increasing demand for food
products is also boosting the market growth. The changing lifestyle and growing
heath/safety awareness is another factor driving the demand for amines since
they are widely used for manufacturing cleaning products in the personal care
industry. The development of new application areas such as detergents,
herbicides, and wood preservation is expected to drive the market of amines in
the near future and the emergence of these applications provides immense
opportunities to the market players.

Asia Pacific is the fastest growing
market for amines due to the rapid industrialization in emerging economies of
China and India, which are two of the fastest growing economies in the
world. India and China are growing at GDP growth rates which are more than the
global GDP growth rate. The growing construction activities in these countries
is augmenting the demand for amines which is used for cement mixture, epoxy
resins, and coatings in the construction industry, which is driving the market
for amines in the region. North America is experiencing steady growth in demand
since 2009-2010.

Some of the major players operating
in the global market of amines include BASF, Ineos, Dow Chemical Company,
Arkema, LCY Chemical Corp., Sinopec, Invista, Rhodia, and DuPont.

This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include

North America

Asia Pacific

Europe

Rest of the World

This report provides comprehensive
analysis of

Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming
years

This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.